Director Al-Nowais sold 699,888 shares for $18.3M across two trades; all 5 prior NESR sales were well-timed declines.
Yousif Mohammed Ali Nasser Al-Nowais, a Director, executed 2 separate sales totaling 699,888 shares (699.9K shares) for $18,285,924.50 ($18.3M) at a blended average price of $26.13 on May 22 and May 26, 2026, reducing his holdings by 16.4%. His prior trades at NESR show a consistent pattern: 5 of 5 prior sells were well-timed at the 90-day mark, with negative returns ranging from -0.6% to -3.6% following each sale, indicating the stock declined after his exits. This tick-by-tick disciplined selling immediately before weakness aligns with his documented timing track record at this ticker. The stock currently trades at $25.24, down 7.4% from its 52-week high of $27.25, with the transaction prices ($26.12–$26.14) having been near recent peaks. At a P/E of 39.44 and with annual revenue growth of only 1.7%, the valuation context and the insider's systematic prior success in exiting before declines merit investor attention to recent price dynamics.